The Problems with NFT Gaming
We have identified 3 main problems that the NFT market faces. Firstly, while investors have acquired high-impact NFT Intellectual Property, their assets are mostly lacking in functional use. In addition, participants in current generation Game-Creation platforms lack the incentive to build their own IP due to platform ownership restrictions, or creative inability to design their own Intellectual Property. It also seems that there is no current way for the rich variety of web3 IPs to interact with each other in a simple, generative, way.
Our project is addressing the above key challenges of the NFT Gaming industry by building the following components:
A solution for owned, visual-only NFTs to be converted into Game Assets, which makes them playable across our ecosystem, and eventually the greater metaverse on web3.
Creation and sale of game content, along with the associated IP, in NFT form, which can be tracked and verified across the blockchain. This IP can be promoted and exploited by the owner, building value over time and brand awareness.
With our proprietary Game Generation System and Content Templates, we provide a way to support licensed or user-owned NFT content existing within the same Gameshot experience, along with the NFT content we create and sell to users.
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